Wedgewood Swim Club

Wedgewood Swim Club shows consistent revenue, asset growth, and minimal liabilities with no reported officer compensation.

EIN: 210686800 · Haddonfield, NJ · NTEE: N50 · Updated: 2026-03-28

$632KRevenue
$1.3MAssets
92/100Mission Score (Excellent)
N50
Wedgewood Swim Club Financial Summary
MetricValue
Total Revenue$632K
Total Expenses$435K
Program Spending90%
Net Assets$1.1M
Transparency Score92/100

Is Wedgewood Swim Club Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Wedgewood Swim Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Wedgewood Swim Club

Wedgewood Swim Club (EIN: 210686800) is a nonprofit organization based in Haddonfield, NJ, classified under NTEE code N50. The organization reported total revenue of $632K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wedgewood Swim Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

67Years Operating
SmallSize Classification
12Years of Filings
MixedRevenue Trajectory

Wedgewood Swim Club is a small nonprofit that has been operating for 67 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 2.8%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$460K
Total Expenses$435K
Surplus / Deficit+$25K
Total Assets$1.1M
Total Liabilities$500
Net Assets$1.1M
Operating Margin5.5%
Debt-to-Asset Ratio0.0%
Months of Reserves30.2 months

Financial Health Grade: A

In 2022, Wedgewood Swim Club reported a surplus of $25K with revenue exceeding expenses, holds 30.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 12 years of filings (2011–2022), Wedgewood Swim Club's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.

YearRevenue ChangeExpense ChangeAsset Change
2022+23.2%+7.0%+4.3%
2021+4.7%+24.4%-3.1%
2020-9.8%-21.1%+2.9%
2019+4.9%+24.2%-1.9%
2018-1.2%-0.4%+4.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1959

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Wedgewood Swim Club demonstrates consistent financial operations, primarily focused on its recreational purpose. Over the past decade, the organization has maintained stable revenue streams, averaging around $380,000 annually, with a notable increase to $460,053 in 2022. Expenses have generally been managed within or close to revenue, indicating a sustainable operational model. The club's assets have shown steady growth, increasing from $920,528 in 2014 to $1,094,984 in 2022, suggesting good financial stewardship and investment in its facilities. Liabilities have fluctuated but were significantly reduced from highs in 2013-2015 (e.g., $481,567 in 2013) to minimal levels in recent years (e.g., $500 in 2022), which is a strong indicator of improved financial health and reduced debt burden. The organization's transparency is bolstered by its consistent filing of IRS Form 990s over 12 periods, providing a clear historical financial record. A key aspect of its financial health is the reported 0% officer compensation across all available filings, which suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, potentially indicating a high degree of community involvement and dedication. This practice, while beneficial for resource allocation, could also warrant further inquiry to understand the full compensation structure if any exists for key management roles. Overall, Wedgewood Swim Club appears to be a well-managed entity with a strong focus on its mission, supported by sound financial practices and a commitment to transparency through regular reporting.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Wedgewood Swim Club with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, Wedgewood Swim Club allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$460KTotal Revenue
$435KTotal Expenses
$1.1MTotal Assets
$500Total Liabilities
$1.1MNet Assets
  • The organization reported a surplus of $25K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Wedgewood Swim Club consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based or compensated through non-officer channels, which is highly efficient for a nonprofit of its size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Wedgewood Swim Club's IRS 990 filings:

  • Lack of detailed breakdown for program vs. administrative expenses in provided data, making precise efficiency calculations difficult without full 990 access.

Strengths

The following positive indicators were identified for Wedgewood Swim Club:

  • Consistent revenue generation, with latest revenue at $632,154.
  • Strong asset growth, reaching $1,339,168.
  • Significantly reduced liabilities over time, indicating improved financial health (e.g., $500 in 2022 compared to $481,567 in 2013).
  • 0% reported officer compensation across all filings, indicating high volunteer engagement or efficient use of funds.
  • Consistent IRS 990 filing history, demonstrating transparency and accountability.

Frequently Asked Questions about Wedgewood Swim Club

Is Wedgewood Swim Club a legitimate charity?

Wedgewood Swim Club (EIN: 210686800) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $632K. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Wedgewood Swim Club spend its money?

Wedgewood Swim Club directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Wedgewood Swim Club tax-deductible?

Wedgewood Swim Club is registered as a tax-exempt nonprofit (EIN: 210686800). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Wedgewood Swim Club's spending goes to programs?

Wedgewood Swim Club directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Wedgewood Swim Club compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Wedgewood Swim Club is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Wedgewood Swim Club located?

Wedgewood Swim Club is headquartered in Haddonfield, New Jersey and files with the IRS under EIN 210686800. It is classified under NTEE code N50.

How many years of IRS 990 filings does Wedgewood Swim Club have?

Wedgewood Swim Club has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $632K in total revenue.

Is Wedgewood Swim Club financially stable?

Yes, the club demonstrates strong financial stability with consistent revenue, growing assets from $920,528 in 2014 to $1,094,984 in 2022, and significantly reduced liabilities from highs of over $400,000 in 2013-2015 to just $500 in 2022.

How does Wedgewood Swim Club manage its expenses?

The club generally manages its expenses effectively, with total expenses typically staying close to or below revenue. For example, in 2022, revenue was $460,053 against expenses of $434,772, indicating a surplus.

What is the trend in Wedgewood Swim Club's assets?

Wedgewood Swim Club's assets have shown a positive growth trend, increasing from $920,528 in 2014 to $1,094,984 in 2022, suggesting good long-term financial health and investment in its facilities.

Does Wedgewood Swim Club pay its officers?

According to all available IRS 990 filings, Wedgewood Swim Club reports 0% officer compensation, suggesting that its leadership operates on a volunteer basis or is compensated through other means not classified as officer compensation.

Filing History

IRS 990 filing history for Wedgewood Swim Club showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Wedgewood Swim Club's revenue has grown by 35.5%, moving from $339K to $460K. Total assets increased by 18.5% over the same period, from $924K to $1.1M. Total functional expenses rose by 32%, from $329K to $435K. In its most recent filing year (2022), Wedgewood Swim Club reported a surplus of $25K, with revenue exceeding expenses. The organization holds $500 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $460K $435K $1.1M $500 View 990
2021 $373K $406K $1.0M $83 View 990
2020 $357K $327K $1.1M $1K View 990
2019 $396K $414K $1.1M $545 View 990
2018 $377K $333K $1.1M $2K View 990
2017 $382K $335K $1.0M $532 View 990
2016 $389K $366K $981K $836 View 990
2015 $379K $321K $962K $408K View 990
2014 $401K $366K $921K $426K View 990
2013 $379K $313K $942K $482K View 990
2012 $332K $317K $914K $518K View 990
2011 $339K $329K $924K $545K View 990

Year-by-Year Financial Summary

  • 2022: Revenue of $460K, expenses of $435K, and assets of $1.1M (revenue +23.2% year-over-year).
  • 2021: Revenue of $373K, expenses of $406K, and assets of $1.0M (revenue +4.7% year-over-year).
  • 2020: Revenue of $357K, expenses of $327K, and assets of $1.1M (revenue -9.8% year-over-year).
  • 2019: Revenue of $396K, expenses of $414K, and assets of $1.1M (revenue +4.9% year-over-year).
  • 2018: Revenue of $377K, expenses of $333K, and assets of $1.1M (revenue -1.2% year-over-year).
  • 2017: Revenue of $382K, expenses of $335K, and assets of $1.0M (revenue -1.8% year-over-year).
  • 2016: Revenue of $389K, expenses of $366K, and assets of $981K (revenue +2.5% year-over-year).
  • 2015: Revenue of $379K, expenses of $321K, and assets of $962K (revenue -5.5% year-over-year).
  • 2014: Revenue of $401K, expenses of $366K, and assets of $921K (revenue +6.0% year-over-year).
  • 2013: Revenue of $379K, expenses of $313K, and assets of $942K (revenue +14.0% year-over-year).
  • 2012: Revenue of $332K, expenses of $317K, and assets of $914K (revenue -2.2% year-over-year).
  • 2011: Revenue of $339K, expenses of $329K, and assets of $924K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Wedgewood Swim Club:

2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Wedgewood Swim Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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